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Affordable property markets in the country

Tue 12 Jan 2016, 18:25:39
Hyderabad, Pune, Navi Mumbai, and Ahmedabad are among the 10 affordable property markets in the country where flats are available within the budget of Rs 30-50 lakh, according to JLL India. The other six cities are Kochi (Kerala), Ghaziabad(Uttar Pradesh), Jaipur (Rajasthan), Nagpur (Maharashtra), Surat (Gujarat) and Coimbatore in Tamil Nadu. The report mentioned that Hyderabad's Hyderabad, Puri said it is perhaps one of the most affordable cities among all tier 1 cities of India. While property prices have increasingly become unaffordable in Mumbai, Navi Mumbai still provides numerous options for residential housing within the budget of Rs 30-50 lakh," Puri said. Even the well-developed residential localities in Hyderabad, such as Manikonda, Kukatpally, Miyapur and Sainikpuri offer housing properties nfrastructural developments such as extension of the Metro Rail and widening of the NH 24 will further boost  realty market, it added. in the budget range of Rs 30-50 lakh.realty market is now set for an upswing after a prolonged slump due to the global recession followed by political turmoil. The report mentioned that Hyderabad's realty market is now set for an upswing after a prolonged slump due to the global recession followed by political turmoil. About Pune, JLL said the city has recorded good growth in the affordable housing segment over the last couple of years. Such projects are located on the periphery of the city and offer small 1-2 BHK flats with basic, no-frills amenities.
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